July 2015

MAJOR IN ECONOMICS

THE COLORADO COLLEGE

OBJECTIVES

The objective of the major in Economics is to develop a general knowledge of how economies function to allocate scarce resources. By applying economic theories of decision-making and coordination to public policy issues, majors will gain understanding of the operation of the United States and other economies and of their interactions. Specialization in economics is valuable to students who intend to enter business or government service. For many positions with the federal or state governments, training in economics or related social sciences is required. Moreover, undergraduate specialization in economics is the first step for students who wish to make a career of college teaching of economics or who wish to secure positions as professional economists with business or government. To hold such positions, graduate study of economics is usually required.

PREREQUISITES

Students desiring to major in the Department are required to pass the following prerequisitesprior to admission into the major. If a student has not taken both of these courses, that student may be admitted only if currently scheduled for a later section or by consent of the chair if mitigating circumstances exist.

Mathematics 125 or 126 or above – Pre-Calc /Calculus 1,
Calculus 1 or higher / 1 or 2 units
Economics 201 – Economic Theory I / 1 unit

Notice that while International Baccalaureate (IB) Higher Level and Advanced Placement (AP) courses may count toward College credit as the equivalents of Economics 100, 101 and/or 102, they will not substitute for Economics 201, a course which uses calculus as a fundamental tool of the discipline.

DISTINCTION IN ECONOMICS is awarded by action of the Department to up to the top 20% of graduating majors based on their GPA within the major with the provision that they have also received an A in Senior Thesis.

I have received a copy of the July 2015 instructions, understand the College and Departmental requirements and understand that, if departmental requirements are changed after I declare an Economics major, they will not be retroactive unless I so choose.

PRINT name / Student's Signature
Advisor / Date
Student ID No. / Worner Box No.
Class (Graduation Year)

COURSE OF STUDY FOR THE ECONOMICS MAJOR

To graduate as an Economics major, students must pass the all-college requirements, while completing a minimum of 11 units of credit in courses in Economicsand2 unitsof credit in Mathematics:

A.Required Course in Mathematics

MA125 or 126 or higher / Pre-Calc/Calculus 1, Calculus I, or higher / 1 or 2 units
MA117 or 217; BY220 / Probability and Statistics OR Probability and Statistical Modeling Or
Biostatistics and Experimental Design / 1 unit
2 or 3 units

B.Required Courses in Economics

Business, Micro, Macro /International, Track / EC201 / Economic Theory I / 1 unit
EC301 / Microeconomic Theory II / 1 unit
EC302 / Macroeconomic Theory II / 1 unit
EC303 or
403 / Econometrics OR Econometric Theory / 1 unit
Business Track / EC205 / Financial Accounting / 1 unit
4 or 5 units

C.Electives in Economics

A minimum of five elective courses within the department’s three tracks (Business, Micro and Macro/International) such that:
a) at least two credits are completed within each of two different tracks, and
b) at least four electives are at the 300-level or above; the remaining elective can be at the 200-level. / 5 units

D.Thesis in Economics

A two-block thesis experience must be completed in one of the student’s completed tracks:
EC 430 for Business theme
EC 460 for Microeconomics theme
EC 490 for Macroeconomics/ International theme / 2 units

TOTAL MINIMUM REQUIRED CREDITS...... 13 units